Electrameccanica Vehicles Corp reports results for the quarter ended in March - Earnings Summary

Electrameccanica Vehicles

13/05/2022 22:11

* Electrameccanica Vehicles Corp  SOLO.OQ  reported a
quarterly
adjusted loss of 15 cents​​ per share for the quarter ended in
March. The mean expectation of three analysts for the quarter
was for a loss of 14 cents per share.
    * Revenue rose 345.5% to C$1.04 million from a year ago; 
analysts
expected C$1.92 million. 
    * Electrameccanica Vehicles Corp's reported EPS for the
quarter
was a loss of 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Electrameccanica Vehicles Corp shares had fallen by 32.3%
this
quarter and lost 35.5% so far this year.
    * The company reported a quarterly loss of C$17.83 million.
    * Wall Street's median 12-month price target for
Electrameccanica
Vehicles Corp is $7.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 13 at 09:11 p.m.  ​All
figures in Canadian dollars unless otherwise stated